BNP Paribas Hikes Apple Stock Target, Cites Memory Shortage Opportunity

BNP Paribas hikes Apple stock target, cites memory shortage opportunity

Today, BNP Paribas raised Apple’s stock price target to $300, up from $260 set in its last investor note. Here are the details. more…

BNP Paribas raises its Apple target $40 to $300

From Ryan Vlastelica's "Apple Upgraded as BNP Paribas Sees Path to Increase Market Share" posted Friday by Bloomberg.

BNP Paribas upgrades Apple to 'Outperform' with $300 Target

In a notable shift, BNP Paribas analyst David O’Connor upgraded Apple (AAPL) to Outperform (“Buy”) from Neutral and raised the price target to $300 (up from $260). The move comes amid rising concerns over a memory price crunch affecting the broader smartphone industry, yet the firm sees Apple positioned to not just weather the storm, but to capitalize from it. DRAM and NAND flash memory prices have surged recently, driven by supply constraints a…